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Lucky Cement Reports Mixed Financial Results for 1QFY25.

Lahore: Lucky Cement posted standalone profitability of PkR6.6 billion (EPS: PkR22.4) in the first quarter of FY25, marking a 5% decline from PkR6.9 billion (EPS: PkR23.6) in the same period last year. This decrease is primarily attributed to a contra...

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IUCN and Huawei Announce Sierra Nevada’s Green List Renewal and Tech4Nature Project Expansion.

Spain: The International Union for Conservation of Nature (IUCN), in collaboration with Huawei Spain, the Center for Mediterranean Cooperation (IUCN Med), and the Sierra Nevada Natural Area, have announced the renewal of the Sierra Nevada National Par...

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VIS Assigns Initial Entity Ratings to Ranipur Sugar Mills Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Ranipur Sugar Mills Limited (RSML or the Company) of 'A-/A2' (Single A minus/A Two). A medium to long-term rating of 'A-' indicates good credit quality, with adequ...

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Tetra Laval Pledges €350,000 to Support Flood Relief Efforts in Valencia, Spain.

Switzerland: Tetra Laval, the conglomerate comprising Tetra Pak, Sidel, and DeLaval, has announced its commitment to aid those impacted by the recent floods in Spain's Valencia region. In a display of solidarity, the group has expressed its sympathy f...

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Atif Ikram Sheikh Elected Vice President of 27-Country Trade Alliance.

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has been elected as the Vice President of the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) for the 2024-2026 ...

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KATI Urges Permanent Implementation of Winter Relief Package for Industries.

KARACHI: Korangi Association of Trade and Industry (KATI) President Junaid Naqi has lauded the Prime Minister's announcement of a winter relief package for industries, urging that it be made a permanent initiative and that PKR 33 billion in pending in...

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